Business
SpaceX Selects Goldman Sachs to Lead Record-Breaking IPO
The aerospace company has appointed Goldman Sachs to the lead-left position for an initial public offering expected to set records.
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Business
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Business
U.S. Mortgage Rates Reach Highest Level Since July
The average 30-year fixed loan rate rose Tuesday, driven by geopolitical uncertainty and Treasury yield pressure.
Business
Iran Seeks to Charge Big Tech Fees for Undersea Cables in Strait of Hormuz
Iranian lawmakers and state-linked media are proposing annual fees for tech companies using fiber-optic cables beneath the strategic waterway.
Business
White House Expands TrumpRx Site With More Than 600 Generic Drugs
The administration has partnered with Amazon Pharmacy, GoodRx, and Mark Cuban's Cost Plus Drug Co to expand the direct-to-consumer platform.
Business
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
President Donald Trump will swear in his hand-picked choice to lead the U.S. central bank during a White House ceremony.
Business
NextEra Energy to Acquire Dominion Energy in $66.8 Billion Deal
The all-stock transaction creates the world's largest regulated electric utility business to meet rising power demands from AI data centers.
Business
LIRR Workers Strike, Shutting Down Busiest U.S. Passenger Rail Service
Thousands of employees walked off the job Saturday morning, marking the first strike in over 30 years for the North American commuter rail system.
Business
BlackRock Considers $5 Billion to $10 Billion Investment in SpaceX IPO
The world's largest asset manager has discussed a multibillion-dollar anchor investment in the aerospace company's upcoming public listing.
Business
North America’s Largest Commuter Rail System Shuts Down Amid Worker Strike
The Long Island Rail Road ceased operations on Saturday after unionized workers representing half the workforce walked off the job.
Business
US Federal Government Sues Chick-fil-A Franchisee Over Religious Discrimination
The US government alleges a franchisee denied an employee's request for Saturdays off to observe the Sabbath.
Business
Berkshire Hathaway Takes $2.6 Billion Stake in Delta Air Lines
The Omaha-based conglomerate returns to the airline sector with a position that ranks as its 14th-largest holding.
Business
UAE Accelerates Oil Pipeline Project to Bypass Strait of Hormuz
The United Arab Emirates is fast-tracking a new West-East pipeline to double oil export capacity through Fujairah by 2027.
Business
Senate Banking Committee Advances Crypto Regulation Clarity Act
The Senate Banking Committee voted 15-9 to advance the Digital Asset Market Clarity Act, moving the comprehensive crypto regulatory bill toward a full Senate vote.
Business
Cerebras Debuts on Nasdaq at $350, Surpassing $100 Billion Market Cap
The Sunnyvale-based AI chipmaker's stock opened significantly above its IPO price, marking one of the largest Nasdaq debuts of 2026.
Business
Honda Reports First Annual Loss Since 1957 Amid EV Strategy Shift
The Japanese automaker recorded its first-ever annual loss due to restructuring costs and a reversal of aggressive electric vehicle goals.
Business
Iran War Accelerates Global Shift Toward Chinese Clean Energy Tech
Geopolitical instability in the Middle East is driving increased demand for Chinese electric vehicles, solar, and batteries ahead of talks between President Trump and President Xi.
Business
Origin Lab Raises $8M to Launch Video Game Data Marketplace
The startup will connect video game companies selling licensed assets and gameplay footage with AI labs building world models.
Business
US Inflation Rises to 3.8% as Iran War Drives Energy Costs Higher
The Consumer Price Index reached its highest level since May 2023, driven by surging costs for gasoline and groceries amid the conflict with Iran.
Business
eBay Rejects GameStop's $56 Billion Takeover Bid
eBay chairman Paul Pressler described the unsolicited cash-and-stock proposal from GameStop as "neither credible nor attractive."
Business
Oil Prices Surge After Trump Rejects Iran Peace Proposal
Global energy markets reacted with price increases as the U.S. President rebuffed Iran's latest offer to end the Middle East conflict and the Strait of Hormuz remained shut.
Business
Study Links Long Working Hours to Higher Obesity Rates
International research presented in Istanbul suggests a correlation between extended work hours and obesity, prompting calls for a four-day work week in the UK.
Business
Dell Stock Rises 14% Following Endorsement from President Trump
Shares of Dell Technologies surged after President Trump encouraged consumers to buy the company's products, following $6.25 billion in donations from the Dell family.
Business
Uber Accelerates Strategy to Expand Beyond Ride-Sharing
The company is pivoting toward a 'super app' model and deeper integration into the autonomous vehicle industry to diversify its business.
Business
General Motors to pay $12.75 million in California driver privacy settlement
The automaker will pay the largest penalty to date under California's data privacy law following allegations it illegally sold driver behavior and location data.